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France has a radical idea for fixing its debt crisis

The Australian Financial Review (AFR) •
October 26, 2026 • 11:31 PM
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The country has decided to undertake a citizens’ assembly to find out whether everyday people can find common ground on difficult fiscal choices.

France has a radical idea for fixing its debt crisis

I travelled to Paris last week for the city’s annual art extravaganza, Art Basel Paris at Le Grand Palais. Alongside the art, I saw shattered shop windows, mostly those of luxury fashion stores.

As we flew out on Thursday, the organisers notified us that the fair would close the following day rather than remain open across the weekend as scheduled – more protest marches and disruption were expected.

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